Lucky,
Call them and ask them point blank. Call Charles. Call Mark Dotson. Call Eric Barlow. Call David McMullen, or Jim Horton. Call any of the short term lenders. You will get the same response from each of them. My partner has spoken to the first, second, and many of the unsecured lenders. They all say the same thing. Granted, most private notes are structured with no interest payments. Typically, payments are deferred to the end of the term. That said, they are in default, or have been in default on every one of their private loans. News flash, they have 70 M in private money out. This is not like institutional money. These people will not wait forever. LTF had better come quickly for everyone involved. The creditors are at the end of their ropes.